Key takeaways

• Scope 3 greenhouse gas (GHG) emissions include all indirect emissions that occur in a company’s value chain, both upstream and downstream. These emissions are crucial for understanding a company’s full climate impact.
• Upstream emissions can include those from the production of raw materials, transportation, and business travel. Downstream emissions can include those from the use of sold products and their end-of-life treatment.
• Scope 3 emissions often represent the bulk of a company’s total green GHG emissions and are thus essential for understanding the full climate-related risks and opportunities associated with an investment.
• The GHG Protocol’s Corporate Value Chain (Scope 3) Accounting and Reporting Standard classifies Scope 3 emissions into 15 distinct categories, covering both upstream and downstream emissions. These categories are designed to be mutually exclusive to prevent double-counting of emissions.

You can now read the full whitepaper at the link below